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Technology Stocks : Compaq

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To: Captain Jack who wrote (72743)11/26/1999 5:02:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
Kumar/Business Week Article
by: beameup_999
11/26/1999 4:52 pm EST
Msg: 118716 of 118717
I just received this weeks copy of Business Week which contains a short article on our favorite
Compaq basher and his relationship with e-Machines. The article says that Kumar downgraded
e-Machines after his company was refused participation in their underwriting business. He had been
praising e-Machines prior to the rejection, which occured on May 10, 1999. On June 1 he came out
with a downgrade of e-Machines and vilified them for their performance. The CEO of e-Machines said
this is a prime example of all that is wrong with the securities Analyst business.
businessweek.com
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